Sungchang Autotech Co. Ltd
Sungchang Autotech Co., Ltd. manufactures and sells automotive parts in South Korea. It offers inverters for electric compressors, cluster ionizers, cabin air filters, and sponges, as well as injection molding products. The company was formerly known as SEUNG CHANG AIRTEK., Co., Ltd. and changed its name to Sungchang Autotech Co., Ltd. in January 2013. Sungchang Autotech Co., Ltd. was founded in … Read more
Sungchang Autotech Co. Ltd (080470) - Net Assets
Latest net assets as of September 2025: ₩69.74 Billion KRW
Based on the latest financial reports, Sungchang Autotech Co. Ltd (080470) has net assets worth ₩69.74 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩209.23 Billion) and total liabilities (₩139.50 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩69.74 Billion |
| % of Total Assets | 33.33% |
| Annual Growth Rate | 6.7% |
| 5-Year Change | 38.68% |
| 10-Year Change | 13.04% |
| Growth Volatility | 11.55 |
Sungchang Autotech Co. Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sungchang Autotech Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sungchang Autotech Co. Ltd (2008–2024)
The table below shows the annual net assets of Sungchang Autotech Co. Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩52.95 Billion | -2.19% |
| 2023-12-31 | ₩54.14 Billion | +23.43% |
| 2022-12-31 | ₩43.86 Billion | +6.55% |
| 2021-12-31 | ₩41.17 Billion | +7.81% |
| 2020-12-31 | ₩38.18 Billion | +0.85% |
| 2019-12-31 | ₩37.86 Billion | -0.81% |
| 2018-12-31 | ₩38.17 Billion | -7.54% |
| 2017-12-31 | ₩41.28 Billion | -4.86% |
| 2016-12-31 | ₩43.39 Billion | -7.37% |
| 2015-12-31 | ₩46.84 Billion | +1.45% |
| 2014-12-31 | ₩46.18 Billion | +3.58% |
| 2013-12-31 | ₩44.58 Billion | +17.81% |
| 2012-12-31 | ₩37.84 Billion | +16.70% |
| 2011-12-31 | ₩32.43 Billion | +23.38% |
| 2010-12-31 | ₩26.28 Billion | +31.54% |
| 2009-12-31 | ₩19.98 Billion | +6.55% |
| 2008-12-31 | ₩18.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sungchang Autotech Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 300.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩42.99 Billion | 81.19% |
| Common Stock | ₩3.65 Billion | 6.89% |
| Other Components | ₩6.31 Billion | 11.91% |
| Total Equity | ₩52.95 Billion | 100.00% |
Sungchang Autotech Co. Ltd Competitors by Market Cap
The table below lists competitors of Sungchang Autotech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KHD Humboldt Wedag International AG
PINK:KHDHF
|
$9.83 Million |
|
Viking Kagit ve Seluloz AS
IS:VKING
|
$9.83 Million |
|
KALRAY SA EO 1-
F:3FS
|
$9.84 Million |
|
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS
IS:ETILR
|
$9.84 Million |
|
World Health Energy
PINK:WHEN
|
$9.83 Million |
|
CU Tech Corp.
KQ:376290
|
$9.82 Million |
|
Jetbest
TWO:4741
|
$9.82 Million |
|
Elton International Trading Company S.A
AT:ELTON
|
$9.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungchang Autotech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,105,956,960 to 52,951,035,210, a change of 4,845,078,250 (10.1%).
- Net income of 5,458,830,810 contributed positively to equity growth.
- Dividend payments of 365,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.46 Billion | +10.31% |
| Dividends Paid | ₩365.00 Million | -0.69% |
| Other Changes | ₩-248.75 Million | -0.47% |
| Total Change | ₩- | 10.07% |
Book Value vs Market Value Analysis
This analysis compares Sungchang Autotech Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.69x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩5944.35 | ₩4115.00 | x |
| 2017-12-31 | ₩5655.40 | ₩4115.00 | x |
| 2018-12-31 | ₩5228.73 | ₩4115.00 | x |
| 2019-12-31 | ₩5186.18 | ₩4115.00 | x |
| 2020-12-31 | ₩5230.52 | ₩4115.00 | x |
| 2021-12-31 | ₩5639.15 | ₩4115.00 | x |
| 2022-12-31 | ₩6008.39 | ₩4115.00 | x |
| 2023-12-31 | ₩6589.86 | ₩4115.00 | x |
| 2024-12-31 | ₩7253.57 | ₩4115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungchang Autotech Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.81%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 3.45x
- Recent ROE (10.31%) is above the historical average (5.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.55% | 2.83% | 1.44x | 1.85x | ₩-437.38 Million |
| 2009 | 5.74% | 2.44% | 1.11x | 2.13x | ₩-786.58 Million |
| 2010 | 10.47% | 3.47% | 1.57x | 1.92x | ₩117.40 Million |
| 2011 | 13.75% | 7.73% | 1.11x | 1.61x | ₩1.22 Billion |
| 2012 | 16.62% | 9.51% | 0.90x | 1.94x | ₩2.49 Billion |
| 2013 | 10.09% | 2.78% | 1.39x | 2.61x | ₩35.44 Million |
| 2014 | 3.69% | 1.12% | 1.23x | 2.70x | ₩-2.63 Billion |
| 2015 | 2.62% | 0.78% | 1.22x | 2.74x | ₩-3.11 Billion |
| 2016 | 3.03% | 0.86% | 1.30x | 2.71x | ₩-3.02 Billion |
| 2017 | -4.31% | -1.24% | 1.35x | 2.57x | ₩-5.91 Billion |
| 2018 | -5.93% | -1.73% | 1.20x | 2.86x | ₩-6.08 Billion |
| 2019 | -0.58% | -0.17% | 1.20x | 2.93x | ₩-4.01 Billion |
| 2020 | 2.17% | 0.66% | 1.03x | 3.20x | ₩-2.99 Billion |
| 2021 | 9.36% | 2.67% | 1.25x | 2.80x | ₩-262.31 Million |
| 2022 | 5.35% | 1.27% | 1.49x | 2.82x | ₩-2.04 Billion |
| 2023 | 11.43% | 3.25% | 1.06x | 3.31x | ₩689.54 Million |
| 2024 | 10.31% | 2.81% | 1.06x | 3.45x | ₩163.73 Million |
Industry Comparison
This section compares Sungchang Autotech Co. Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $65,649,236,115
- Average return on equity (ROE) among peers: 1.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungchang Autotech Co. Ltd (080470) | ₩69.74 Billion | 7.55% | 2.00x | $9.83 Million |
| CBI Co. Ltd (013720) | $30.17 Billion | -40.70% | 1.54x | $40.80 Million |
| Ilji Technology Co. Ltd (019540) | $122.84 Billion | -2.81% | 1.81x | $31.01 Million |
| CNH Co. Ltd (023460) | $96.88 Billion | 3.26% | 2.48x | $122.68K |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $45.82 Million |
| HRS Co. Ltd (036640) | $74.76 Billion | 5.31% | 0.30x | $29.83 Million |
| Ecoplastic Corporation (038110) | $74.25 Billion | 12.92% | 2.02x | $46.59 Million |
| Saedong Co.Ltd (053060) | $22.63 Billion | 0.00% | 2.08x | $10.63 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.94 Million |
| Sambo Motors Co. Ltd (053700) | $50.01 Billion | 7.84% | 2.19x | $45.66 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $30.52 Million |